Industrial gases such are experiencing substantial demand from metal production industry, especially for steel production, as these gases are widely used in metal fabrication and refining process.
LONDON: The strategic procurement research report on the industrial gases market is a decisive part of SpendEdge’s utilties category portfolio and offers a deep-dive assessment of the key factors influencing strategic procurement decisions, pricing models, supply market, and procurement best practices. Furthermore, it also offers profound insights into the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
The topmost end-user of industrial gases in the region can be attributed to segments such as metal fabrication segment and electronic manufacturing. In electronics components such as semiconductors, solar cells, flat panel displays, and LEDs, industrial gases are necessary raw materials for manufacturing these devices.
“Purchasing managers must collaborate with suppliers to implement procurement best practices in handling and transporting industrial gases,” says Angad Singh, a utility industry procurement research specialist at SpendEdge.
Many top suppliers in the market have been employing price hikes since early 2016 across the entire industrial gas products across the globe, owing to rise in production costs. These price hikes hamper the related aspects such as facility fee for bulk tank facilities and rental rates for cylinders.
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This procurement research report on the industrial gases market offers insights on:
- Supply market, growth drivers, trends, and imminent challenges
- Key suppliers and assessment of their capabilities
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Pricing models and category innovations
- For a comprehensive, detailed list, view our full report
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